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LSURussian
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9 acres of paradise in Baton Rouge
Member since Feb 2005
123995 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

So, all your goofy cackling emojis made zero sense basically. I didn't think they did, but I'm glad you confirmed. Weird flex.


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Vols&Shaft83
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re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

8.6% compounded annually? Roughly 4X the average annual rate of inflation?



Add dividends reinvested and it's much closer to 11-12%, right? Or am I mathing wrong?



LSURussian
LSU Fan
9 acres of paradise in Baton Rouge
Member since Feb 2005
123995 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

at no real risk to lose your money.
Anyone who bought BTC just 2 days ago has lost over 20% of his money.

It's true BTC has had an outstanding increase in value over the past few years but you can't claim that there's "no real risk to lose your money" by buying BTC. That's just false.


LSURussian
LSU Fan
9 acres of paradise in Baton Rouge
Member since Feb 2005
123995 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

Add dividends reinvested and it's much closer to 11-12%, right? Or am I mathing wrong?
I'm pretty sure the Dow Jones includes reinvesting dividends.

I know the S&P500 does so I assume the DJIA does, too.


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iAmBatman
USA Fan
The Batcave
Member since Mar 2011
10909 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

for a low risk retirement account 8% is fine.

but yall are celebrating this while shitting on bitcoin for when it did this in way less than 4 years. yet many here called it a scam including some that still shite on it, include slackster.

over any 5 year period, gains in btc would destroy this though at no real risk to lose your money. hell you could say 3 or 4 year period too.



you still haven't said what you think a good rate of return is


lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

Anyone who bought BTC just 2 days ago has lost over 20% of his money.


no they havent lsot anything if they didnt sell, their investment is down only. hold it 5 years and it will be up a much greater % than anything in the market.

by your metric, it was just as much of a risk to be in the stock market before the covid crash. But anyone that held is much better off now.

same with btc but even greater returns.


lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

you still haven't said what you think a good rate of return is


low risk- 8%

a true good return is 20% plus. Like i said I ma jaded though.


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lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

It's true BTC has had an outstanding increase in value over the past few years


over a decade now.


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LSURussian
LSU Fan
9 acres of paradise in Baton Rouge
Member since Feb 2005
123995 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

no they havent lsot anything if they didnt sell,
Tell that to the investors who had margin calls two weeks ago.

An unrealized loss is still a loss. But if it makes you feel better believing it's not a loss, that's okay with me.


rocket31
Toledo Fan
Member since Jan 2008
36537 posts
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re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

7.4% annualized bad? From a risk-adjusted standpoint that’s not too shabby.


brutal to think this is good.


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lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

Tell that to the investors who had margin calls two weeks ago.


well if you are making market calls on crypto than you should be expierenced as shite and take the bad with the crazy good you made.

quote:

An unrealized loss is still a loss. But if it makes you feel better believing it's not a loss, that's okay with me.



ok and is that not possible in the stock market?


iAmBatman
USA Fan
The Batcave
Member since Mar 2011
10909 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

no they havent lsot anything if they didnt sell


they haven't gained anything either


rocket31
Toledo Fan
Member since Jan 2008
36537 posts
 Online 

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
you're wasting your time man

these people get excited refreshing their portfolios and seeing GE went up 0.025% on the month


lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

they haven't gained anything either


same with stocks brother.

like i said, take any 5 year period or 10 year period or even any 3 year period and look at the return of bitcoin and compare to the market and tell me you wouldnt have made much more in btc.


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LSURussian
LSU Fan
9 acres of paradise in Baton Rouge
Member since Feb 2005
123995 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

ok and is that not possible in the stock market?
Yes, of course. An unrealized loss is still a loss. What's your point?

Are you claiming the stock market regularly loses over 20% of its value in two days?

Only once in my investing career have I experienced that kind of loss in my stock portfolio and that was on October 19, 1987.

It regularly occurs with bitcoin. If you can stomach that kind of volatility then good for you. I don't have that kind of risk appetite.


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21
lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

you're wasting your time man

these people get excited refreshing their portfolios and seeing GE went up 0.025% on the month


i mean i have my 401k and its traditional and i have plenty of other stocks and retirement plays, but my whole point was that there are much better returns out there and going up ~1k a year is pretty much crap lol.


rocket31
Toledo Fan
Member since Jan 2008
36537 posts
 Online 

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
they can't fathom a world beyond a manipulated 9-5 market where if you make 5% on your money, that that would be considered "a good return". they've been brainwashed for decades now and that's hard to let go of

This post was edited on 2/23 at 3:33 pm


Huey Lewis
LSU Fan
BR
Member since Oct 2013
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re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

hold it 5 years and it could possibly be up a much greater % than anything in the market.


FIFY


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Shamoan
Mississippi St. Fan
Member since Feb 2019
1446 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
HELL, IVE LOST 4000 POINTS TODAY ALONE.



WHY AM I YELLING????


This post was edited on 2/23 at 3:24 pm


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slackster
Stanford Fan
Houston
Member since Mar 2009
71531 posts

re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
quote:

Add dividends reinvested and it's much closer to 11-12%, right? Or am I mathing wrong?


S&P 500 over that time is up about 10% annualized.


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